The Illusionary Recovery Is Now Giving Way To The Economic Collapse
Real estate market crashing and the bankers are getting desperate
Tag: Economic Crisis
IMF Stands Firm, Forcing Greece and Syriza to Accept Hard Concessions
The fate of the Greek bailout remains up in the air.
No, Obama, Russia’s economy isn’t in tatters
Bashing the Russian economy has lately become a popular pastime.
The Price of Oil Is About to Blow a Hole in U.S. Corporate Accounting
A lot of pain in store when drillers’ first-quarter numbers are announced in April and May.
Target to cut jobs as part of $2B cost-savings plan
Retailer will cut several thousand jobs within the next two years…
Little-Known Laws That Cripple American Trade
Thanks to laws, only 1.5% of cargo ships are U.S. based.
Stop Whining America! Economists “Show” You’re The Happiest In 56 Years
Perhaps government supplied data on inflation and unemployment is entirely fallacious.
Record 290 newcomers join Forbes Billionaires list, total wealth of $7trn
Wealth gap grows as Americans become poorer.
China Monthly Box Office Tops U.S. for First Time Ever
Hollywood struggles to keep Americans entertained.
How Billionaires in London Use Secret Luxury Homes to Hide Assets
Practice makes it difficult for law enforcement, courts to establish whether their owners bought them legitimately.
Gas prices soar in California as supply shrinks
Average retail gas prices in the state have surged 25 cents a gallon in less than a week…
Pending Home Sales Miss For 5th Month In A Row
The narrative spin must go on.
US economy slows in fourth quarter of 2014 with GDP rising by just 2.2%
Economists, however, remain optimistic that the deceleration was temporary.
Senate Republicans Bungle Their Interrogation of Janet Yellen
GOP pushes empty audit devoid of ideology and principle.
Despite Record Stocks & Surging Wage Inflation, Consumer Comfort Plunges Most In 10 Months
What do people have to be ‘uncomfortable’ about?!